Crude Oil

Oil falls below $80 on rising U.S. stockpiles

Oil falls below $80 on rising U.S. stockpiles

Published 18/10/2018

LONDON (Reuters) - Oil fell $1 a barrel to below $80 on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, [more…]

Dollar steadies as Fed minutes weigh on stocks, yuan

Dollar steadies as Fed minutes weigh on stocks, yuan

Published 18/10/2018

LONDON (Reuters) - The dollar held near a one-week high on Thursday and stocks were mixed after minutes showing the Federal Reserve may favor more [more…]

Oil drops to around $83 on expectations Iran will maintain some…

Oil drops to around $83 on expectations Iran will maintain some…

Published 08/10/2018

LONDON (Reuters) - Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the [more…]

China shares weigh on regional markets despite central bank support

China shares weigh on regional markets despite central bank support

Published 08/10/2018

SHANGHAI (Reuters) - Shares in Asia slumped Monday as China’s markets stumbled in their first trading day after a one-week holiday even though Beijing’s central [more…]

Nigeria’s Buhari promises 2019 elections will be fair after…

Nigeria’s Buhari promises 2019 elections will be fair after…

Published 01/10/2018

ABUJA (Reuters) - Nigeria’s President Muhammadu Buhari sought to reassure voters that next year’s elections would be free and fair on Monday after the opposition [more…]

Graphic: Boom, bust or both? The challenge of predicting 2019’s oil…

Graphic: Boom, bust or both? The challenge of predicting 2019’s oil…

Published 01/10/2018

LONDON (Reuters) - In the oil market, balance is a difficult game. Calculating whether the 100 million barrel per day world market is likely in [more…]

Hedge funds doubt Saudi Arabia will replace Iranian oil : Kemp

Hedge funds doubt Saudi Arabia will replace Iranian oil : Kemp

Published 01/10/2018

LONDON (Reuters) - Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the [more…]

European markets dip as trade war pessimism weighs again

European markets dip as trade war pessimism weighs again

Published 24/09/2018

LONDON (Reuters) - European stock markets traded in negative territory on Monday as fears of an escalating trade row between the United States and China [more…]

Iran warns U.S., Israel of revenge after parade attack

Iran warns U.S., Israel of revenge after parade attack

Published 24/09/2018

LONDON (Reuters) - The deputy head of Iran’s Revolutionary Guards warned U.S. and Israeli leaders on Monday to expect a “devastating” response from Tehran, accusing [more…]

Oil prices at four-year high after OPEC rebuffs Trump

Oil prices at four-year high after OPEC rebuffs Trump

Published 24/09/2018

LONDON (Reuters) - Oil prices jumped more than 2 percent to a four-year high on Monday after Saudi Arabia and Russia ruled out any immediate [more…]